San Francisco-based OKCoin launched markets for TRON (TRX) on Thursday, and now, in an effort to spur adoption of its platform, the exchange is staging a trading competition with $12,000 worth of TRX in prizes.
— OKCoin (@OKCoin) January 17, 2019
According to the announcement, users can participate in the competition by trading any of the three available pairs: TRX/USD, TRX/BTC and TRX/ETH. The winners of the competition, which runs through January 25, will be determined by trading volume.
The rewards are as follows:
- 1st Place: $3,000 worth of TRX
- 2nd Place: $2,000 worth of TRX
- 3rd Place: $1,000 worth of TRX
- 4-10th Place: $500 worth of TRX (per winner)
- 11-20th Place: $100 worth of TRX (per winner)
There will also be a random drawing where 30 users will get $50 worth of TRX, so long as they follow OKCoin’s Twitter accounts and pass the exchange’s KYC.
TRX is currently down 4.3% on the day to $0.02414, giving it a $1.61 billion market cap and making it the ninth largest cryptocurrency.